EPFO considers Rs 25,000cr war chest to stabilise interest payouts
Employees’ Provident Fund Organisation is exploring the establishment of a Rs 25,000-crore Interest Stabilisation Reserve. This reserve aims to protect members’ interest payouts from corporate bond defaults and other market fluctuations. A report suggested that the fund should be built via surplus ETF gains and will invest in government securities. Historical performance indicates that this…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
